Big Lots reaches deal with Gordon Brothers to keep up to 400 stores open
The discount chain said on Friday that it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies. Gordon Brothers will then transfer Big Lots’ stores, distribution centers and intellectual properties to other retailers, Big Lots said in a news release.
Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores ...
GlobalData on MSN9h
Big Lots agrees to sale transaction with Gordon Brothers Retail PartnersRetail chain company Big Lots has announced a sale transaction with Gordon Brothers Retail Partners that will see the ...
Variety Wholesalers, based in Henderson, N.C., plans to operate stores under the Big Lots brand, may continue to employ ...
It was not clear if any of those stores would be among those acquired by Variety Wholesalers. "The strategic sale to ...
Manistee News Advocate on MSN5h
Big Lots plans to sell stores to Variety WholesalersBig Lots sale to Variety Wholesalers may impact as many as 400 stores. It's unclear if the sale will impact its remaining ...
Big Lots fans can breathe a sigh of relief. The popular bargain store, which filed for bankruptcy in September and announced ...
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